Digibyte (DGB/BTC) Breakout Confirmed

in #digibyte • 7 years ago (edited)

DGB Daily Chart

DGB has definitively broken out of its consolidation triangle formation going back to June.

MACD has crossed up into bullish territory and stochastic shows buying momentum is extremely high (overbought), so we might see a bit of a correction as momentum slows.

Entries can be made during dips (watch 5min timeframe) – and target price for this first wave up is around 1300 satoshis.

Watch for MACD to cross down to confirm price has peaked, sell a bit, then buy back when MACD crosses back up.

To follow this idea go here: https://www.tradingview.com/chart/DGBBTC/ZUQyOHJ5-DGB-Nearing-End-of-Triangle/

If you profited from my idea feel free to send BTC donations to:
17CmGuFs55TVFSC3BZbWoYkVHLMm5ko5Yg

Good luck and happy trading!

#cryptocurrency #bitcoin #technical-analysis #day-trading
7 years ago in #digibyte by
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